Sevan Deepwater Technology

Sevan Deepwater Technology is a specialized marine engineering and design house with a focus on providing cost-effective offshore solutions for the energy and oil and gas industries. They are known for pioneering the cylindrical hull as an alternative to traditional ship-shaped, turret moored designs, providing a geostationary design that eliminates the need for costly turrets while allowing for a larger number of risers and future tie-ins. With 11 units constructed and over 50 years of operational experience, their cylindrical hull has proven to be a credible solution in the offshore industry. Founded in 2018, Sevan SSP AS is a fully-owned subsidiary of Seatrium. The company's slogan "Deeper, Colder, Harsher" reflects their commitment to pushing boundaries in harsh offshore environments.

Although specifics about their headquarter, last investment, and last investment investors are not provided, their track record and innovative approach position Sevan Deepwater Technology as an intriguing prospect for potential venture capital investment within the energy and oil and gas sectors, especially as the industry continues to seek more efficient and cost-effective offshore solutions.